BONDS RANCH

Operated by BKV BARNETT, LLC (P-5 72504) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193567District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.2 M
Nov 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
283
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition3 bbl$94
GasProduction1,314,066 Mcf$8,156,611
Total$8,156,705

Every month this lease reported (283)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

283 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201804259.403.07$129
Jul 201801,21465.142.93$3,559
Jun 201801,06160.183.08$3,265
May 201801,08065.382.90$3,133
Apr 2018069263.842.90$2,007
Mar 2018084861.222.79$2,363
Feb 2018083661.782.77$2,312
Jan 201801,07262.874.01$4,298
Dec 201702,36457.272.92$6,906
Nov 201702,64155.423.12$8,236
Oct 201702,78649.292.98$8,313
Sep 201702,42247.523.09$7,477
Aug 201702,34345.373.00$7,039
Jul 201703,11143.873.09$9,605
Jun 201703,25542.493.09$10,049
May 201703,39445.373.26$11,076
Apr 201703,32547.933.21$10,679
Mar 2017065746.772.98$1,960
Feb 201702,27850.452.95$6,726
Jan 201703,11749.413.42$10,656
Dec 201603,11948.763.72$11,612
Nov 2016034042.492.64$899
Oct 201601,24746.193.09$3,854
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201304491.233.42$150
Jan 201305691.603.42$192
Dec 201206286.773.42$212
Nov 201208486.953.62$305
Oct 201209889.383.40$333
Sep 2012010794.672.92$312
Aug 2012027292.662.91$791
Jul 2012019685.133.02$592
Jun 2012040279.822.52$1,013
May 2012050391.612.49$1,252
Apr 20120707101.652.00$1,412
Mar 20120492105.052.22$1,093
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201104196.873.24$133
Nov 201109795.723.31$321
Oct 201107584.983.65$274
Sep 201107983.623.99$315
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201101,09392.904.64$5,071
May 2011014198.134.40$621
Apr 20110297105.964.33$1,287
Mar 201103,76496.364.06$15,272
Feb 201103,74385.644.18$15,646
Jan 201102,75486.504.59$12,638
Dec 201004,27885.734.35$18,600
Nov 201005,48380.843.80$20,810
Oct 201005,38778.103.51$18,902
Sep 201004,49972.633.98$17,904
Aug 201004,22373.684.42$18,663
Jul 201003,45472.554.74$16,360
Jun 201003,40870.364.91$16,735
May 201003,77371.124.24$15,979
Apr 201003,85281.694.12$15,881
Mar 201003,90778.394.39$17,147
Feb 201003,72673.585.44$20,278
Jan 201005,92674.365.96$35,343
Dec 200906,12671.445.48$33,593
Nov 200906,24374.593.75$23,421
Oct 200907,46172.544.11$30,667
Sep 200907,02965.543.06$21,542
Aug 200908,14567.423.22$26,215
Jul 2009010,06861.133.46$34,881
Jun 200909,01066.163.90$35,094
May 200908,96854.743.93$35,206
Apr 200907,76546.773.59$27,857
Mar 200909,06542.144.06$36,795
Feb 200908,99432.814.63$41,669
Jan 2009011,15035.865.37$59,887
Dec 2008012,72237.105.98$76,041
Nov 2008014,78655.496.86$101,437
Oct 200808,22275.246.92$56,913
Sep 2008011,527101.767.88$90,799
Aug 2008014,358114.228.48$121,799
Jul 2008017,531131.0811.39$199,668
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200803101.909.66$29
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007026,13570.906.39$166,949
Jun 2007032,74062.007.55$247,136
May 2007018,28058.747.85$143,430
Apr 20070059.617.81$0
Mar 200708,00056.927.30$58,416
Feb 200707,59155.108.22$62,368
Jan 200706,42350.306.73$43,207
Dec 200608,55956.656.92$59,215
Nov 200608,64754.207.62$65,868
Oct 200606,01254.906.01$36,155
Sep 200606,16260.085.04$31,039
Aug 200606,20268.717.34$45,522
Jul 200609,41969.376.34$59,742
Jun 200608,87466.286.38$56,651
May 2006010,09066.016.42$64,828
Apr 200609,59364.397.36$70,609
Mar 2006010,93656.707.08$77,459
Feb 200609,57957.597.75$74,248
Jan 2006010,80960.598.93$96,560
Dec 2005011,34854.9413.42$152,238
Nov 2005010,49954.6910.59$111,168
Oct 2005010,46658.3413.80$144,386
Sep 2005014,63061.4512.08$176,716
Aug 2005015,12161.519.80$148,138
Jul 2005012,57855.697.84$98,657
Jun 2005013,31652.337.38$98,286
May 2005013,18045.226.65$87,662
Apr 2005010,45349.207.36$76,939
Mar 2005017,41150.377.15$124,574
Feb 2005010,13645.226.31$63,978
Jan 2005013,26043.166.32$83,832
Dec 2004013,64639.866.75$92,125
Nov 2004017,05945.286.33$107,991
Oct 2004019,82949.706.52$129,188
Sep 2004020,61243.245.28$108,912
Aug 2004018,44142.375.55$102,360
Jul 2004021,49538.286.08$130,779
Jun 2004023,72636.106.43$152,630
May 2004025,37637.486.49$164,806
Apr 2004023,66634.475.86$138,646
Mar 2004026,75134.365.53$147,937
Feb 2004029,02232.455.51$159,900
Jan 2004033,94832.036.30$213,860
Dec 2003032,36930.266.30$203,978
Nov 2003028,96128.804.60$133,080
Oct 2003030,20728.174.76$143,774
Sep 2003028,16526.314.75$133,766
Aug 2003032,05229.765.13$164,418
Jul 2003032,16929.415.17$166,341
Jun 2003032,24728.565.98$192,933
May 2003051,16026.595.97$305,562
Apr 2003057,89126.675.41$313,033
Mar 2003033,14531.146.10$202,053
Feb 2003116,54133.487.93$131,135
Jan 2003219,69930.315.58$110,021
Dec 20020026.914.85$0
Nov 20020024.664.14$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.40 =         $0
Gas                   42 Mcf  × $  3.07 =       $129

────────────────────────────────────────────────────
Month total                                     $129

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/193567 is the state's own key, not one this site invented.